Brands target local college athletes as NIL enters second year
Erika Wheless, Ad Age
Chipotle, Degree and others reveal their playbooks for student-athletes.
Bed Bath & Beyond Begins Store Closings as Retailer Plans Layoffs, Cost Cuts
Eliza Ronalds-Hannon and Jeannette Neumann, Bloomberg
The closings, many of which are happening in the upper Midwest, New York and New Jersey where its locations are more densely packed, are the first round of what will ultimately total about 150 stores.
Would You Pay Thousands for the Celebrity-Wedding Treatment?
Chavie Lieber, The Wall Street Journal
Non-famous couples are shelling out for publicists who can land them glossy bridal editorials and sponsored swag: ‘We are pitching the bride as a brand.’
Frontier Airlines recently held talks with SpaceX about adding Starlink Wi-Fi
Leslie Josephs and Michael Sheetz, CNBC
Adding Starlink’s Wi-Fi would be a departure for the budget carrier, which doesn’t currently offer inflight internet service. CEO Barry Biffle says skipping Wi-Fi for now allows the airline to be more “green” because it limits weight on board.
H&M Sales Miss Estimates as Retailer Falls Behind Rival Zara
Anton Wilen, Bloomberg
The company, one of the world’s biggest fashion retailers, had almost recovered from the Covid 19-pandemic when Russia invaded Ukraine, and is now struggling with soaring inflation and a more pessimistic outlook for the broader economy.
The number of people working remotely tripled during COVID
Erin Doherty, Axios
The new figures provide a fresh look into how the pandemic upended how Americans work, play and live.
AT&T CEO slams T-Mobile for its senior discounts marketing campaign
Brian Sozzi, Yahoo Finance
T-Mobile — long seen as a clever marketer of its wireless brand — recently launched a campaign dubbed “Verizon and AT&T Ban Senior Discounts.” The marketing stunt claims that “92% of seniors in the U.S. can’t get a wireless discount from Verizon or AT&T because they don’t live in Florida.”
Fast-Fashion Giant Shein Plans U.S. Expansion as Sales Climb
Jing Yang, The Wall Street Journal
Online retailer wants to cut shipping times for American shoppers.
Budweiser’s Inspiring World Cup 2022 Strategy Is ‘Yours to Take’
Stephen Lepitak, Adweek
The beer brand began its campaign with the 100-day count down in August.